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2oioo93so There may be only one designated notice addreas under this Security Instrument at any one time. Any notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender' s address stated herein unle5s Lender has designated another address by notice to Borrower. Any notice in connection with this Security Instrument shall not be deemed to have been given to Lender until actually received by Lender. If any notice required by this 5ecurity Instruznent is also required under Applicable Law, the Applicable Law requirement wi11 satisfy the corresponding requirement under this Security Instrument. 16. Gaverning Law; Severability; Rules of Construction. This Security Instrument shall be governed by federal law and the law of the juri�diction in which the Property is located. All rights and obligations contained in this Security Instrument are subject to any requirements and limitations of Applicable Law. Applicable Law rnight explicitly or implicitly allow the parties to agree by contract or it might be silent, but such silence shall not be construed as a prohibition against agreement hy contract. In the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable Law, such conflict shall npt affecc other provisions of this Security Instrurnent or the Note which can be given effect without the conflicting provision. As used in this Security Instrument: (a) words of the masculine gender shall mean and include corresponding neuter words or words of the feminine gender; (b) words in the singular shall mean and include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation to take any actipn. 17. Barrower's Copy. Borrower sha11 be giv�n one copy of the Note and of this Senurity Instrument. 18. Transfer of the Property or a Seneficial Interest in Sorrower. As used in this Section 18, "Int�rest in the Property" means any l�gal or beneficial interest in the Property, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the transfer of title by Borrower at a future date to a purchaser. If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower ia nnt a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require irnmediate payment in full of all sums secured by this Security Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this option, Lender shall give Borrower natice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is given in accordance with 5ection 15 within which Sorrower must pay all sums secured by this Security Instrument. If Borrower fails to pay these suzns prior to the expiration of this periad, Lender may invoke any remedies permitted by this Security Instrument without. further notice or dernand on Borrower. 19. Borrawer's Right to Reinstate After Accelerarion. 'If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this Security lnstrument discontinued at any time prior to the earliest of: (a) five days before sale of the Praperty pursuant to any power of sale contained in this 5ecurity Instrument; (b) such other period as Applicable Law might specify for the termination of Borrower's right to reinstate; ar (c) entry of a jud�xzaent enforcing this Security Instnunent. Those condicions are that Borrower; (a) pays Lender all sums which then would be due under this Security Instrument and the Note as if no acceleration had occurred; (b) cures any default af any other covenants or agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not limited to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest in the Property and rights under this Security Instrument; and (d) takes such action as Lender may reasonably require to assure that Lender' s interest in the Property and rights under this Security Instrument, and Borrower's obligation ta pay the sums secured by this Security Instrurnent, shall continue unchanged. Lender may require that Borrawer pay such reinstatement sums and expenses in one ar more of the following forms, as selected by Lender: (a) cash; (b) maney order; (c) certified check, bank check, treasurer' s check or cashier' s check, provided any such check is drawn upon an institution whose deposits are insured by a f�deral agency, instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Barrower, this Security Cnstrurnent and obligatians secured hereby 231003 NEBRASKA - Single Family - Fannie Mae/Fraddie Mac UNIFORM INSTRUMENT �•6�NE) �aat�� Page 11 of 15 Initiels: �, � , Form 3028 ��0� �